Economic Data Calls for Sept 24, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Sept 24, 2020) — Good Luck Trading!

1. NZ Trade Balance (18:45 ET) Bearish NZD — Weaker PMI manufacturing
2. SNB Rate Decision (03:30 ET) No Trade — Rate decisions are best traded reactively
3. German IFO (04:00 ET) Bearish EUR — Manufacturing PMI was stronger but composite PMI was weaker. Still think sentiment will be lower
4. US New Home Sales (10:00 ET) Bullish USD — Existing home sales were right in line with expectations. Continued increase in sales likely due to low interest rates

Economic Data Calls for Sept 23, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Sept 23, 2020) — Good Luck Trading!

1. RBNZ Rate Decision (22:00 ET) No Trade — Rate decisions are best traded reactively
2. GE and EZ PMIs (03:30 ET) Bearish EUR — ZEW was stronger but signs of growth moderation with weaker factory orders and industrial production
3. UK PMIs (04:30 ET) No Trade — Mixed CBI Index and retail sales measures
4. US Markit ISMs (09:45 ET) No Trade — Markit PMIs are less market moving than ISM but still interesting. Could be stronger

Economic Data Calls for Sept 18, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Sept 18, 2020) — Good Luck Trading!

1. UK Retail Sales (02:00 ET) Bullish GBP — Potential upside surprise given stronger retail sales

2. GE PPI (02:-0 ET) Bearish EUR — Lower German wholesale prices

3. CAD Retail Sales (08:30 ET) Bullish USD — Stronger CAD labor data

4. US University of Michigan Consumer Sentiment Index (10:00 ET) Bearish USD – Sentiment likely to be weaker given sharp drop in stocks

Economic Data Calls for Sept 17, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Sept 17, 2020) — Good Luck Trading!

1. NZ GDP Q2 (18:45 ET) Bearish NZD — Q2 growth significantly weaker for all countries

2. AU Employment Report (21:30 ET) Bullish AUD — Services and manufacturing employment declines. Construction up

3. BoJ Rate Decision (00:00 ET) No Trade — Rate decisions are best traded reactively

4. EZ CPI (05:00 ET) No Trade — Revisions are difficult to predict but changes are market moving

5. UK Bank of England Rate Decision (14:00 ET) No Trade —Rate decisions are best traded reactively

6. US Philadelphia Fed Index and Housing Starts/Permits (08:30 ET) Bullish USD — Stronger Empire State survey

Economic Data Calls for Sept 16, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Sept 16, 2020) — Good Luck Trading!

1. UK CPI (02:00 ET) Bullish GBP — PMIs show rising costs on manufacturing and services level

2. EZ Trade Balance (05:00 ET) Bullish EUR — Stronger GE and FR trade balance

3. CAD CPI (08:30 ET) Bearish CAD — Weaker prices according to IVEY PMI

4. US Retail Sales (08:30 ET) No Trade — Redbook reports weaker retail sales but NFP and wages up

5. US FOMC Rate Decision (14:00 ET) No Trade — Rate decisions are best traded reactively

Economic Data Calls for Sept 15, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Sept 15, 2020) — Good Luck Trading!

1. RBA Minutes (21:30 ET) No Trade — Minutes are best traded reactively

2. UK Employment Report (02:00 ET) Bearish GBP — PMIs show ongoing job losses

3. German ZEW (05:00 ET) Bearish EUR — Pullback in stocks and moderation in recovery should lead to weaker ZEW

4. US Empire State (08:30 ET) Bullish USD — Should be stronger given ongoing recovery in NFP

Economic Data Calls for Sept 11, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Sept 11, 2020) — Good Luck Trading!

1. NZ PMI Manufacturing (18:30 ET) Bearish NZD —Renewed restrictions could ease manufacturing recovery

2. UK Industrial Production & Trade Balance (02:00 ET) Bearish NZD — Weaker trade balance and retail sales but manufacturing PMI slightly higher

3. US Consumer Price Index (08:30 ET) Bullish USD — Stronger PPI